According to 2020 statistics, global toy sales were $95 billion. It’s a fast-growing industry, with toy sales up 2.6 percent in 2020 over 2019.
If you want to start your toy business, it can be profitable because there is a lot of demand in the market and the toy factory is growing every day.
One of the fastest and easiest ways to find a toy factory is to accept the information as follows.
You can also make products, but starting everything from scratch requires a huge investment and can be risky.
There is so many Chinese toy factory that offers reliable and high-quality products at affordable prices.
In this blog, we will guide you on how to find the right toy factory that best suits your requirements.
Research is key. You need to do the proper research before finalizing the toy factory. Here are some reliable resources that you can use to find some trusted toy factory.
Hunting on the Internet
● Use the Internet to find factories:
Before you begin your research, it is helpful to know what kind of toy factory you want to work with. For example, if you are looking for a toy factory for children, a search for “kid toys” will bring up several choices. You can also search using keywords such as “toy manufacturer” or “baby toys,” as long as those words are relevant to your project. This is a good way to find factories in China. The Wholesale Toy Blog – Union Vision is a good choice.
There is a lot of information regarding toy factory and suppliers available on Google.
You can use a simple google search to find suitable toy factory. You can find the top toy factory and details regarding their products.
Make sure to verify that supplier is offering a product that is according to your product requirement.
● Visit online business to business (b2b) marketplaces
Online Chinese marketplaces are a great platform to find suitable toy factory. Thousands of toy factory have listed their products on these business-to-business (B2B) marketplaces.
Alibaba is a well-known Chinese e-commerce company. It is a huge B2B platform and has a huge number of buyers and sellers listed on the platform.
DHgate.com is a China-based e-commerce platform. It was founded in 2004 by Diane Wang. It is a business-to-business(b2b) and business-to-consumer(b2c) platform and has a huge number of buyers and sellers.
Global sources is a Hong Kong-based b2b platform. It is a business-to-business platform that provides a medium for buyers and suppliers to buy and sell products online.
Made-in-China is another well know e-commerce platform that connects buyers and sellers online.
Try social media platforms to find toy factory
You can try social media platforms to find a suitable toy manufacturer as well.
Linked in can be a good way to contact Chinese toy manufacturers as many Chinese toy factory are available on LinkedIn.
They have listed their company profile and other information on their LinkedIn profile.
You can also find other information on the company’s social media accounts regarding their product quality and past customers.
Go to toys exhibition in China to find a supplier
China organizes many local trade fairs. These trade fairs can be a great way to find good product manufacturers You can visit China and attend these trade fares; it will give you a chance of face-to-face interaction with the toy factory.
You can meet the manufacturers of different toy factory in the toy exhibitions and can find a suitable manufacturer for your toy business.
Here we have provided some details regarding some well-known Chinese trade fares and Expos.
China International Comics and Games Expo is an international well-organized and high-level event in China.
Shanghai International STEAM Educational Fair is organized in Beijing, China. This is the only STEM educational fair that is held in China.
The location of Hobby Expo China in Beijing, China. Attending the Expo is a great way to have interaction with various people from the community and manufacturers.
Ask for recommendations from your friends or customers
If you are new to overseas sourcing from China, ask for recommendations from your friends or customers. If you already have toy factory suppliers in China, ask them for recommendations. Just make sure that the factories they recommend are supplying products like those that you need to create.
Some toy factory will only produce small quantities of a product and therefore may not be able to provide the volume you need to fulfil your order. However, if they can do multiple sizes runs at different times of the year, it could provide flexibility for both parties involved in production as well as delivery timescales.
Follow the footprints of your competitors
When you are looking for suppliers, one of the best ways to find them is by following the footprints of your competitors.
Take a look at their website, social media, and other communication channels. It’s likely that they will have mentioned where they source their products from.
Ask them if they can recommend any suppliers in China and see if they have any experience with them. You can also ask whether this supplier has good quality control measures in place and whether it is possible to visit them in person before ordering samples or placing an order for large volumes of products from toy factory.
If you follow these tips, you’ll be able to find the right toy factory in China for your business. However, finding a partner is only part of the process; retaining that partnership requires constant communication and care. You must make it clear from the start what you expect from that relationship, so there will be no confusion or hard feelings later on when things go wrong.
It’s also important to set aside time for face-to-face meetings with your Chinese partners at least once every quarter or so—even if it’s just through video call service—so that everyone can stay updated about how well things are going.